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don't call my bluff, a frustrated president obama reportedly blows his top as the debt talks drag on and on. under fire, the phone hacking scandal may prompt an investigation of rupert murdoch here in the u.s. and a dramatic victory. the u.s. women's soccer team is headed to the world cup finals for the first time in 1 years. >> we win! usa! captioning funded by cbs >> good morning on this thursday, and thanks for joining us. i'm betty nguyen. we begin with the increasingly tense talks to reduce the deficit and raise the
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debt limit. another meeting is scheduled for today. at yesterday's sitdown the talk was blunt with president obama telling congressional leaders "don't call my bluff." joel brown is in washington with the latest. >> good morning. by all accounts this was a tense session yesterday at the white house, both sides losing patience a bit. this was the longest white house session yet and still no progress to report. president obama will sit down with republicans again today, after a contentious meeting on wednesday. aides close to the debt ceiling negotiations say when house majority leader eric cantor pressed for a short term deal the president said "enough is enough. we have to be willing to compromise," and then ended the meeting. lawmakers have less than three weeks to get a deal done. federal reserve chairman ben bernanke says if the debt limit isn't raised by august 2nd -- >> there would have to be significant cuts in social security, medicare, military pay
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or some combination of those. >> reporter: but some republicans believe the obama administration is using scare tactics to pressure the gop. >> president obama, quit lying. you know darned well that if august 2nd comes and goes, there's plenty of money to pay off our debt. >> reporter: some republicans are threatening to let the nation go into default if more spending cuts aren't made but leaders within the gop think that plan could backfire. senate minority leader mitch mcconnell thinks it needs to be raised, warned leaders failure to do so would promise obama's re-election next year, he even proposed a last-minute proposal giving the power the ability to raise the debt ceiling. with negotiations at a standstill, moody's investor service is reviewing the u.s. bond rating for a possible downgrade the president is giving the debt limit talks one
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more day. if a compromise can't be reached on a broad debt limit deal by friday, the president says he will push for a debt limit accord that does not include taxes or spending cuts. >> joel let's go back to yesterday's sitdown at the white house. exactly how heated did things get? >> house majority leader eric cantor said president obama grew very agitated and ended the meeting abruptly saying he had sat there long enough. democrats say the account is overblown that the president did not leave abruptly simply making an impassioned plea for compromise. depends on who you talk to. >> joel brown, thank you. sarah palin will announce whether she is running for president by late august. during a broadcast interview palin said she could support someone else but so far that candidate is not in the republican field.
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>> if there are those who are out there willing to serve with good executive experience who have that service heart and know not to be so obsessively partisan that they can't just do what's right for the people who have elected them then i would certainly find that person and support them to do all i can to be sure they defeat barack obama in 2012. i'm not wholly qualify department we have that filled set yet. >> palin thinks she could win against president obama. a suspect is under arrest in the shocking murder of a young boy here in new york. funeral services were held yesterday for 8-year-old leiby kletzky. his murder shocked the close knit jewish orthodox community. on monday he was walking alone from his first day at day camp. he got lost and asked directions. the man he asked leemy aron murdered him and mutilated his body. so far there is no motive.
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in afghanistan there's been an explosion at a memorial after at the slain brother of hamid karzai. the government says a senior cleric was killed and 11 others wounded. ahmed wali karzai, a powerful political presence in kandahar, was killed this week at home by an associate. president hamid karzai was not at today's service. indian officials say they have no leads in yesterday's deadly bombing in mumbai. three bombs exploded during rush hour killing at least 17 and wounded 131 people. police say there was no warning and no group has claimed responsibility for that. in 2008, terrorists killed 166 people during a siege that lasted several days. u.s. lawmakers have asked the attorney general to investigate rupert murdoch. they want to know if murdoch's company broke any u.s. laws for allegedly bribing police in the
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phone hacking scandal that forced murdoch to close his largest paper. mean dock pulled the plug on a it is 12 billion business deal. elizabeth palmer has more. >> reporter: it's a sight many people thought they would never see, media titan rupert murdoch in retreat. he abandoned his controversial $12 billion plan to expand into britain's lucrative satellite television business in a surrender to public outrage and political pressure. >> what has happened at this company is disgraceful, it's got to be addressed at every level and they should stop thinking about mergers when they've got to sort out the mess he created. >> reporter: prime minister cameron met with the parents of the teenage girl, milly dowler, whose cell phone lies at the heart of the scandal. she was murdered in 2002 but only last monday the public learned her phone had been hacked by murdoch's paper "news of the world" and messages were
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even deleted which gave milly's parents false hope that she was still alive. mark lewis is the dowler family's lawyer. >> the people could notily another the fact and newspapers could not ignore the fact that a dad's little girl was having her phone hacked. i mean how far, how low do you have to stoop? >> reporter: it set off ten days' worth of dirty tricks allegations that murdoch papers had hacked the voice mails of families touched by tragedy and paid off the police. eight people have so far been arrested and the "news of the world" shut down. murdoch's top managers including british ceo rebekah brooks and his son, james, face questions now from investigators about what they knew and when. elizabeth palmer, cbs news, london. just ahead on the "morning news" how beer could solve the government shutdown. plus the fear, the crowd,
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i possible major breakthrough in preventing the spread of hiv and aids. the centers for disease control did studies in africa. 1,200 people took travata or a pla placebo. 60% were less likely to become infected with hiv. >> the virus prevents from taking hold in your body and reproducing within your blood stream and cells. >> researchers say the results were so encouraging they stopped the study and offered the medication to all the participants. a new poll says china could replace the u.s. as the world's leading superpower. the annual poll conducted in 22 countries finds while the u.s. is better regarded now the majority believe china will or
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already has gained the top spot. even here in the u.s. 46% agree china will replace the u.s. and most said that it's a bad thing. on the "cbs moneywatch" a truck recall and how suds could end the minnesota shutdown. ashley morrison is here in new york with the latest on that. good morning, ashley. >> good morning to you, betty. the threat by moody's to lower the u.s. credit rating caused tokyo's nikkei and hong kong's hang seng dropped a fraction. today wall street the latest on retail sales and a look at the weekly jobless claim numbers, also fed reserve chairman ben bernanke continues his testimony on capitol hill. wednesday he told lawmakers the fed would consider several options to jump-start the economy if it doesn't improve soon. the dow gained almost 45 points while the nasdaq was up 15. numbers released overnight show foreclosures fell nearly 30% in the first half of the year but that's not because of
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any actual improvement in the housing market. analysts say paperwork and procedural delays are pushing the process further and further back, an estimated 1 million foreclosures that should have taken place this year will now happen in 2012 or later. chrysler is recalling its best selling vehicle, more than 240,000 ram pickup trucks from 2008 through 2011 are being recalled because of a steering problem, a part near the left wheel can fracture and cause loss of steering, a few minor crashes have been reported. chrysler will fix the problem free of charge. and a solution may be brewing to the minnesota government shutdown. it's all about the beer, made by the miller coors brewing company. it may have be taken off store shelves because the company's sales licenses have expired and there are no state working who can cash the checks and renew the licenses.
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betty if push comes to shove the angry beer drinkers may force the issue. that's one way to get it done. >> yes it is, beware. ashley morrison here in new york, thank you, ashley. mila kunis, now justin timberlake. >> justin, you want to call up my girl, mila, i'm going to call you out and ask you to go to the marine corps ball with me on november 12th in washington, d.c., and if you can't go, hit me up. >> just days after marine sergeant scott moore asked mila out, another asked justin timberlake. there is word mila may have to cancel on her marine over a scheduling conflict. quite a few people might be upset over that. straight ahead your wednesday morning weather in and sports raising the roof, the metrodome gets ready for some football, but are the nfl owners and players ready?
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drifting through the southeast. later today though it will be pleasant in the northeast with temperatures in the 70s and 80s, expected to be hot and muggy in the south and southeast and the west coast should be cool and sunny. in sports for the first time in 12 years the u.s. women's team is going to the world cup final. and abby wambach came through again in the 79th minute against france. she goes high for the corner kick and heads it into the goal, putting the u.s. up by one. then three minutes later, alex morgan puts the match out of reach. the u.s. moves on beating france 3-1. they'll play japan on sunday in the final. japan came from behind to beat sweden 3-1, it is the first time they've ever made it to the championship round. now to football, the deadline to open training camp is next week so nfl owners and players are going to meet again today. they met yesterday here in new york but made little headway to end the four-month-long lockout.
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one of the key sticking points is how to structure the new rookie salary system. and when the lockout ends the vikings will be back in the metrodome. this time here's time lapped photography of the roof that has been raised. the project to rebuild cost $22 million and the metrodome as you recall collapsed back in december after 17 inches of snow fell in just one day. that is back up and running now. and when we return another look at this morning's top stories, plus gridlock to end all gridlock, los angeles gets ready for carmagaeddon. do we ha? all four of us, together? 24. he's low fat, too, and has 5 grams of sugars. i'll believe it when i--- [ both ] oooooh... what's shakin'? [ female announcer ] as you get older, protein is an important part of staying active and strong. new ensure high protein... fifty percent of your daily value of protein. low fat and five grams of sugars. see? he's a good egg.
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on the "cbs morning news" here's a look at today's weather. more rains and thunderstorms will soak louisiana to the carolinas. try to stay cool from texas to nebraska. it will be another hot and humid day with temperatures hitting the triple digits.
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there's another look at this morning's top stories, the debt limit negotiations are not going well. president obama and republican leaders remain sharply divided after yesterday's meeting. the president rejected demands for a short term extension saying enough is enough. the phone hacking scandal forced rupert murdoch to withdraw from a $12 billion business deal. lawmakers in the u.s. asked the attorney general to start an investigation. major questions are being raised in congress about airport security. sandra hughes reports. >> reporter: government statistics show more than 25,000 security breaches at american airports since november 2001, that adds up to an average of five security breaches at each of the 457 airports across the country. congressman jason chaffetz chairs the subcommittee and is
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demanding answers from the trans security administration. >> we have to be right all the time. >> reporter: the u.s. has spent billions of times to revamp airport screening and the tsa the problems amount to less than 1%. >> tsa is to stay ahead of evolving terrorist threats. >> reporter: a security breach is broadly defined, it can be anything from a checked bag being misplaced to someone being arrested for trying to get past a security checkpoint. just this past week a cleaning crew found a stun gun own a jetblue airplane at new work airport. the tsa is already taking heat for its aggressive screening policies, including patdowns on children and elderly people and screening machines that see through clothing. the tsa insists all of it is necessary to protect the flying public. sandra hughes, cbs news, los angeles.
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if you thought l.a. traffic is bad now, just you wait. this weekend the city is closing a ten-mile stretch of the 405 freeh wei, one of the busiest roads in the country. every day 500,000 cars depend on that stretch to get to the san fernando valley. it needs to be widened and to be widened it has to be closed and that is going to make for epic gridlock. officials are expecting traffic in both directions to be backed up for more than 60 miles. >> it's going to be worse than obama coming to town and that's already a nightmare in itself so i plan on hibernating. >> no one's going to be able to go to work, period and if it goes until monday, there's going to be a lot of honking and a lot of car accidents. >> going to be a lot of stuff going on there. while the freeway will be empty the skies might be full, for $4 jetblue will fly you over the whole mess. a special offer that sold out in
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just three hours, for the rest of you, good luck. this morning on "the early show," what's next for the stalled debt talks. i'm betty nguyen. this is the "cbs morning news." [ female announcer ] now you can apply sunblock to your kids' wet skin. new neutrogena® wet skin kids. ordinary sunblock drips and whitens.
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good morning. i'm andrea roane. >> thursday's here. i'm mike hide he can. welcome to 9news now. angie is off today. kris will have traffic in a moment. anny is in for howard. >> happy pre-friday. it is pre-friday around here. i suspect outside on the weather terrace, you can finally feel it is nice.
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we promise the relief. it is here. it arrived overnight after the storms came in. here's a look at your day planner forecast for this thursday. 9:00, we'll be 74 degrees. it does feel cooler outside for sure. noon, only in the lower 80s compared to 90s the last couple of days. it might be breezy at times this morning. currently, look at the numbers. 65 in arlington. 72 in downtown. fairfax, 65. gaithersburg, you're at 64 degrees at this hour. here's a look at the satellite and radar picture where last night, we did see storms come through. none came severe but then with that, the cold front came through. canadian high pressure here. we're going to break in the humidity and in the heat. no one's complaining about this forecast. highs for today, so, actually a little bit below the average high of 88. 85 in downtown. 84 in winchester and 84 degrees in frederick. here's a look at your traffic with kris. >> good morning, anny. we're going to start out with a
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green light. everything is looking good out there. we do have construction spots to watch out for. going into the maryland camera, construction at university over to new hampshire avenue. taking away the right lane. that could clear by 5:00. outer loop, no problems. 95 southbound, we're losing two right lanes at 198 toward powder mill. then finally, ending up in virginia, construction on the beltway there, outer loop, from 123 over to 50. use the left lane. again, as you proven 395, you're losing the right lane. that will be cleared by 5:00 as well. thank you, kris. lawmakers are going back to the white house later today to discuss raising the debt ceiling. >> it appears that the president is starting to get more blunt with republicans. aides say when eric kantor pressed the democrats for a short-term deal, the president said "enough is enough" and he ended the meeting, walking out. today will be the fifth meeting at the white house. the debt ceiling is not raised
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by august 2nd, the united states will default on its bills. well, congress works just down the hall from where more than 100 entrepreneurs gathered yesterday. >> all of them are under the age of 30 and very successful. and as brittany morehouse learned, they have their own ideas about fixing the economy. >> reporter: one by one, senators and guest speakers step up to this podium before young people with expensive glasses and gadgets. young people with power who have their own opinions about how congress is acting. >> sitting on the outside, it is debilitating -- shake people up. >> what would you do as a business owner? you would probably fire every single one of them. >> tina wells is a ceo. he's one of the 100 entrepreneurs under the age of 30 here, launching a commission. she said congress could benefit from it. >> 75% of us, all of us americans work for small business owners.
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>> many young ceos fixing the economy, you start with small business. >> it would certainly help to get a tax break. >> when i think about what a company like mine would have done with $100,000. young people will work for -- careers seven times, changing seven times. >> give people a good idea of what's going to happen in washington. and a longer period of time than a whole month or a year. so that they know the rules to the game. >> reporter: because knowing the rules, they say, translates into consumer confidence. >> thank you very much. [ applause ] >> reporter: brittany morehouse, 9news now. >> the gathering of young entrepreneurs was put together by a nonprofit called our time. their goal is to encourage americans to support companies discovered by young people. it has roughly 300,000 members. good rn

CBS Morning News
CBS July 14, 2011 4:00am-4:30am EDT

News/Business. Betty Nguyen. News reports on current events. New. (HD) (CC) (Stereo)

TOPIC FREQUENCY U.s. 14, Us 6, Murdoch 5, New York 5, Rupert Murdoch 4, At&t 3, Tsa 3, Obama 3, Mila 3, Metrodome 3, Washington 3, Moody 's 2, Eric Cantor 2, Loop 2, Chrysler 2, Hamid Karzai 2, Joel Brown 2, Ashley 2, Betty Nguyen 2, Ashley Morrison 2
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